There are about a half dozen reports that are released to everyone at the same time so even the institutions don't get and advantage. If you simply read these reports you will have the raw data that influence the moves of the major markets everyday. Here are some of the most important economic reports you must know: 1) beige book which the FOMC uses to adjust interest rates, 2) Consumer Price Index (Inflation gauge) 3) Durable Goods, 4) Home Sales, 5) Retail Sales. These reports give hard data to the health of the economy and future prospects of the stock market. Read the Free Ebook of Economic Indicators and you will learn the meaning of the major economic reports as well as anyone. Most of the reports are common sense. For example, If housing starts are up, the economy is probably doing well. If retail sales fall by 30%, trouble is ahead as companies will likely miss earnings as profit falls due to missed sales forecast. And best of all its a Free Ebook.